2023-04-05 00:00:00
Tools & Tech to Self-Direct Showcase
As an integral part of our Self-Direction Virtual Conference Series, vendors have the chance to demonstrate their products during our showcase. Applied Self-Direction does not endorse any particular showcase vendor or product.
Be a Leader in Workers' Compensation
2023 ushers in new opportunities as well as potential challenges to current Financial Management Services (FMS) providers that purchase workers' compensation on behalf of participant employers. There’s a lot going on. Worker Compensation Insurance markets are nearing a potential end to a soft market, increased risk of turnover and vacancies following the end of Covid-19 emergency declarations, states changing workers' compensation guidelines for mental health cases, and economic uncertainties all at the same time. If you have a workers' compensation program that allows for risk sharing, some of the above obstacles may work against you. However, if you take the right steps and consider tech innovations and alternative policy structures, it’s possible to overcome these hurdles. With that in mind, you have the opportunity to attend a showcase that is specifically for the FMS groups that scale workers' compensation insurance for participant employers. In this showcase, you will have opportunities to share some best practices and learn valuable information on the following areas:
- Rate Trends. Can workers' compensation rates continue to go down when the overall insurance market seems to be hardening? What pundits are saying ‘What’s to Come’ for workers' compensation.
- State Regulation. States are currently looking to change tele-med laws that made it difficult for technology innovators to work with workers' compensation carriers and TPAs. Eyes are on 12 states.
- Innovation and Strategic. Are there opportunities to combine EVV and workers' compensation to reduce fraud, reporting lag, and overall claim costs? Let’s Explore!
- FMS Advocacy. Consider the loss ratios and data from pre covid-19. Learn more how this information could be useful to advocate for members.
Note: Topics discussed are best suited for FMS workers' compensation decision-makers with premiums in excess of $150,000. The purpose of this showcase is to expose FMS providers to educational information that could improve outcomes for participant employers as well as FMS providers.
When
Wednesday, April 5th from 1:30-2:00 PM (EST)
Registration
Registration is free but limited to the first 500 registrants. You can register here.
Speakers
Eric Dennison has spent almost 20 years consulting on insurance. As a dedicated healthcare risk & workforce consultant, he brings a holistic approach to strategic initiatives, operational processes, financial practices, and workforce technology. Eric has volunteered time to risk committees, supported associations, and advocated on state insurance requirements. In turn, this has enabled him to provide strategic and practical advice to Healthcare Providers on the challenges they face today.
This session is part of our free 2023 Self-Direction Conference: Virtual Series. Subscribe to our mailing list to get the latest information on conference sessions!